Fourteen of the nation's biggest banks are expected to pay a combined $10 billion to settle allegations they mishandled foreclosures that followed the housing crisis.

PHILADELPHIA – Freedom CU is celebrating the grand re-opening of its branch inside a Sears department store.

PORTLAND, Ore. – Oregonians CU said Friday it will close its branch in Eugene on March 1.

The American Bankers Association is asking Fannie Mae's regulator to halt a plan to slash the prices the housing giant and troubled borrowers pay for property insurance, citing a "lack of transparency and the absence of public input."

Plaza Bank in Seattle has lured a healthcare executive to return to banking as its new chief executive.

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The country's largest undercapitalized bank, U.S. Century Bank of Doral, Fla., raised $30 million in December through the sale of three loans, according to a report in the South Florida Business Journal.

As loan participations start to climb, lenders would be well served to learn how a poorly structured agreement on a mall property caused headaches for more than a dozen banks.

The Federal Housing Administration is making it easier for small banks, thrifts and credit unions to participate in its single-family loan program again.

Northeast Community Bancorp (NECB) in White Plains, N.Y., has promoted Jose Collazo to become its president.

The lenders allegedly forced homeowners to purchase flood insurance in excess of legal limits and received commissions from the sale of the policies.

GFA Federal Credit Union in Gardener, Mass., has completed its acquisition of Monadnock Community Bank.

A partnership with BluePoint Finance is designed to provide funding to small businesses and municipalities looking to cut energy costs.

The President's nominee for the No. 3 job at the Justice Department would face tough questions from congressional Republicans over an issue critical to banks.

Washington's budget deal contained mixed news for banks; HSBC sought to downsize it branches; and rivals pushed ahead with efforts to replace bricks and mortar with phones and cameras.

The Treasury Department has threatened to punish JPMorgan for failing to turn over documents to regulators investigating the bank's ties to Bernard Madoff's Ponzi scheme.

A number of community banks have disclosed plans to increase salaries and compensation for top executives.

A philanthropy watchdog group blasted four of the nation's biggest banks on Thursday for what it called their lackluster charitable-giving programs.

BankFinancial in Burr Ridge, Ill., has followed through on plans to cleanse its balance sheet of troubled assets.

Georgia Commerce Bancshares raised $25.5 million to fund potential acquisitions around Atlanta.